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Rulemaking: 1998-08-27 Attachment 2 Amendment of Stationary Source Test Methods Changes This documen

Rulemaking: 1998-08-27 Attachment 2 Amendment of Stationary Source Test Methods Changes This documen-2025

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Senate Bill No. 1554 amends various sections of the Business and Professions Code and the Financial Code, focusing on the regulation and licensure of real estate brokers in California. It introduces new requirements for disclosure statements related to property appraisals, loan servicing agreements, and increases reporting obligations for brokers. The bill also modifies existing laws regarding the Recovery Account for aggrieved parties, expands the scope of eligible claims, and establishes provisions for audits of brokers. Additionally, it clarifies exemptions from escrow regulations for certain legal professionals.

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